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March 12, 2023
Markets closed lower, with Direxion Daily S&P Biotech Bull 3X Shares, Direxion Daily Small Cap Bull 3X Shares, ProShares UltraShort 20+ Year Treasury making Friday's list of top losers.
What happened after Friday's session ended? Leading equity indices in the US declined as S&P 500 shed 1.45% and closed at 3,861.59. Nasdaq was down 1.76% before closing the session at 11,139.
In line with markets falling Friday, some etfs made the list of top losers. Take a look.
-8.9%: TNA closed at $31.22 after losing 8.9% Friday
Friday's session continued the recent downtrend: a tough session dominated by bearish sentiment left TNA $3.05 lower, while setting a $30.18 to $33.66 session range.
-6.67%: TBT lost 6.67% Friday, ending at $28.67
More of the same from Friday's session: a tough session dominated by bearish sentiment left TBT $2.05 lower, while setting a $28.56 to $29.57 session range.
-11.61%: LABU falls back to $4.95 after shedding 11.61% Friday
Friday's session continued down the same path: a tough session dominated by bearish sentiment left LABU 65 cents lower, while setting a $4.57 to $5.56 session range.
